4302, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4302, Paramount Tower Hotel & Residences Downtown
What is 4302 worth today?
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Source: Dubai Land Department. Updated 26 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,167 sqft
- Floor
- 43rd of 63
- Parking
- P6-46
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 23,300 /yr
- Last sold
- AED 1.52M · July 2020
About 4302, Paramount Tower Hotel & Residences Downtown
4302 is a two-bedroom apartment of 1,167 sqft on the 43rd floor of Paramount Tower Hotel & Residences Downtown, a 63-storey tower in Business Bay completed in 2022 by Namaa Properties Development. The developer sold it on 26 July 2020 for AED 1,515,000, or AED 1,298 per sqft, in line with the AED 1,315 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 26 June 2026, is AED 160,000 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 23,300 a year.
Sales and rents for 4302 over time
4302 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Paramount Tower Hotel & Residences Downtown, and where 4302 sits
All 329 2-beds →4302 last sold in July 2020 at AED 1,298 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,315). Over the last 12 months two-beds sold for AED 2,250,000 to 3,200,000, around AED 2,016 per sqft, and rent for AED 100,000 to 220,000 a year. 4302's AED 160,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 1,167 sqft | 2,350,000 | 2,013 | ||
| 13 Aug 202613 August 2026 | 1,364 sqft | 2,725,000 | 1,997 | ||
| 25 Jun 202625 June 2026 | 1,364 sqft | 3,200,000 | 2,346 | ||
| 6 May 20266 May 2026 | 1,364 sqft | 2,800,000 | 2,052 |
Paramount Tower Hotel & Residences Downtown
Building784 apartments, studios to 3-bed over 63 floors in Business Bay, completed in 2022 by Namaa Properties Development. 33 sold in the last 12 months.
- Typical price per sqft
- AED 2,005 Up 3.3%
- Typical sale
- AED 2.35M
- Typical rent
- AED 151K /yr
- Typical yield
- 6.6%
Other units on the 43rd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4301 | 2-bed | 1,340 sqft | AED 2.53MAED 2,526,050 · Nov 2015November 2015 | 200,000 /yr | |
| 4303 | 2-bed | 1,121 sqft | AED 2.19MAED 2,187,850 · Oct 2015October 2015 | 185,000 /yr | |
| 4304 | 2-bed | 1,121 sqft | AED 2.19MAED 2,187,850 · Oct 2015October 2015 | 200,000 /yr | |
| 4305 | 2-bed | 1,166 sqft | AED 2.37MAED 2,374,050 · Oct 2015October 2015 | 143,000 /yr | |
| 4306 | 3-bed | 1,586 sqft | AED 2.86MAED 2,860,000 · Apr 2023April 2023 | ||
| 4307 | 3-bed | 1,645 sqft | AED 2.92MAED 2,920,000 · Mar 2024March 2024 | 180,000 /yr | |
| 4308 | 3-bed | 1,644 sqft | AED 3.2MAED 3,200,000 · Jul 2024July 2024 | ||
| 4309 | 2-bed | 1,221 sqft | AED 1.6MAED 1,600,000 · Nov 2021November 2021 | 195,000 /yr | |
| 4310 | 2-bed | 1,170 sqft | AED 2.18MAED 2,184,422 · Oct 2016October 2016 | 140,000 /yr | |
| 4311 | 2-bed | 1,290 sqft | AED 2MAED 2,002,493 · Jan 2022January 2022 | 170,000 /yr | |
| 4312 | 1-bed | 681 sqft | AED 1.18MAED 1,181,000 · Nov 2019November 2019 | 97,500 /yr | |
| 4313 | 1-bed | 676 sqft | AED 1.19MAED 1,191,000 · Nov 2019November 2019 | 125,000 /yr |
4302, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 26 July 2020 for AED 1,515,000, or AED 1,298 per sqft.
- Rented since June 2022 on 6 Ejari contracts, from AED 115,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2020 price is 10.6%, before a service charge of about AED 23,300 a year (AED 19.93 per sqft).
- Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,250,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,005 per sqft.
Source: Dubai Land Department. Updated 26 June 2026.
Questions about 4302, Paramount Tower Hotel & Residences Downtown
What did unit 4302 last sell for?
AED 1,515,000 on 26 July 2020, sold by the developer: AED 1,298 per sqft for 1,167 sqft. It is the only registered sale of the unit.
What is the rent for unit 4302?
AED 160,000 a year on the contract signed on 26 June 2026. The previous contract, from June 2025, was AED 157,000; the unit has been rented since June 2022.
How big is unit 4302?
1,167 sqft (108.4 sqm): a two-bedroom apartment on the 43rd floor of a 63-storey tower completed in 2022.
What is unit 4302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,250,000 to 3,200,000 in the last 12 months, around AED 2,016 per sqft.
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Mortgage on 4302, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.52M, 26 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,515,000
- Deposit, UAE resident (20%)
- AED 303,000
- Deposit, non-resident (40%)
- AED 606,000
- Monthly over 25 years at 3.7%
- AED 6,198
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →